Transportation

International Battery Company, a startup developing lithium-ion battery cells for electric vehicles, has raised $35 million as it plans to bridge the demand-supply gap in the growing EV market in India. Led by RTP Global, the pre-Series A round saw participation from Beenext, Veda VC and various st

Swedish battery startup Northvolt secured a $5 billion debt deal earlier this week, paving the way for the expansion of its first gigafactory as Europe seeks to solidify its home-grown battery manufacturing base. Northvolt is hoping to become a rare success story in the industry: a battery manufact

General Motors is recalling around 66 electric delivery vans made by its BrightDrop subsidiary after the front drive units in at least two of them caught fire late last year. The automaker says it’s still investigating the root cause of the fires, but believes a manufacturing defect may have

Electric boat startup Navier has landed the first official pilot program for its hydrofoiling watercraft, partnering with Stripe to bring passengers from San Francisco’s outskirts to the downtown area. Stripe will pay Navier to shuttle employees from Larkspur, where a number of them are conce

Chinese autonomous trucking startup TuSimple will delist itself from the Nasdaq stock exchange as it moves forward with its plan to fully exit the U.S. market. The company announced Wednesday that it will file what’s known as a Form 25 on (or around) January 29 to deregister its stock, and ex

Wing, the drone-powered delivery company operated by Alphabet, intends to introduce a larger craft capable of towing heavier packages to customers. The news comes on the heels of Walmart’s decision to expand its drone deliveries in the Dallas-Fort Worth area, so it’s no wonder Wing is

It's not often that you see a $300 million+ Series B round that is entirely in equity. And yet, Paris-based startup Electra just raised a $330 million (€304 million) Series B round. Electra is an electric vehicle charging company building a network of charging stations in France and other Eur

Federal safety regulators have opened an investigation into Fisker’s first electric vehicle over braking problems. The National Highway Traffic Safety Administration’s (NHTSA) Office of Defects Investigation (ODI) issued a notice that it’s probing Fisker’s Ocean SUV for los

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click technewss Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Hi folks, I’m back from CES 2024 and ready to share what I saw and heard!

CES 2024 is in full swing in Las Vegas. We're on the ground giving you the most talked about news and announcements from the event, but much of the fun is to be found in the weirder margins of the show floor. In an era of CES where companies are all-in on the AI hype machine, there are bound to

Ten of TuSimple’s autonomous big rigs are set to be auctioned off later this month, just a few weeks after the self-driving trucking startup that went public in 2021 announced it was exiting the U.S. market. The trucks, along with a slew of research and development equipment and office suppli

Hyundai’s India subsidiary has fixed a bug that exposed its customers’ personal information in the South Asian market. technewss reviewed a portion of the exposed data that included the registered owner name, mailing address, email address and phone number of Hyundai Motor India custom

CES has increasingly become defined by what automakers and other mobility-focused companies bring to Las Vegas, and CES 2024 has been no exception. Though some major CES automotive players from past years like Ford, GM and Toyota didn't have a big presence, other companies filled the gaps with

Hydrogen has always been presented by automakers and politicians as an alternate clean-energy option for electric vehicles, but it’s never really caught on. Don’t tell anyone at CES 2024, though, as this year’s show floor was littered with vehicles of all sizes that are hydrogen-p